Looking at the CRWD CrowdStrike Holdings options chain ahead of earnings , i would buy the $135 strike price Puts with
2022-12-16 expiration date for about
$6.65 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Order SELL CRWD NASDAQ.NMS Stop 172.68 LMT 172.68 will be automatically canceled at 20230401 01:00:00 EST
CRWD daily bearish hammer at 50% Fibonacci retracement beginning of wave 5 downtrend.
CrowdStrike
Short Term
We look to Sell at 189.88 (stop at 203.91)
Preferred trade is to sell into rallies. Buying continued from the 61.8% pullback level of 199.22. Posted a Double Top formation. There is scope for mild buying at the open but gains should be limited. Our outlook is bearish.
Our profit targets will be 130.20 and 120.15
Resistance: 200.00...
Expecting bearish continuation to start with CRWD
Everything is explained on the chart but we have a big bearish H&S complemented with a Bear Flag with strong monthly rejection from 200 & Neckline
Have December 16th Options
CrowdStrike
Short Term
We look to Sell at 178.02 (stop at 186.93)
Preferred trade is to sell into rallies. Reverse trend line resistance comes in at 178.00. Selling continued from the 50% pullback level of 186.00. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our outlook is bearish.
Our profit targets...
In a time of higher interest rates, slowing growth, layoffs in everything tech, this stock is not a knife you want to catch, looks like just another suck you in bear market rally which is to be sold, not bought!!
CrowdStrike
Short Term - We look to Sell at 156.68 (stop at 167.00)
Preferred trade is to sell into rallies. Price action is forming a bearish flag which has a bias to break to the downside. Short term oscillators are moving lower. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our outlook is bearish....
CrowdStrike
Short Term - We look to Sell at 224.99 (stop at 242.70)
Preferred trade is to sell into rallies. Selling continued from the 61.8% pullback level of 241.77. Short term oscillators are moving lower. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 151.00 and 131.00...
CrowdStrike - Short Term - We look to Sell at 196.47 (stop at 211.24)
Posted a Bearish Shooting Star formation. We look for losses to be extended today. This move is expected to continue and we look to set longs at good risk/reward levels. Previous resistance located at 200.00.
Our profit targets will be 158.90 and 150.93
Resistance: 200.00 / 220.00 /...
Very easy short here. Overvalued in a bear market, The chart has changed its direction. Still alot of money to be made on puts.
Take profit at $100.00. STOP LOSS = $205.00
THANKS
CrowdStrike Holdings - Short Term - We look to Sell at 198.40 (stop at 207.60)
There is no indication that the selloff is coming to an end. Previous support level of 200.00 broken. 20 1day EMA is at 210.00. Trading volume is increasing. Yesterday's move lower brings an end to the run of consecutive higher lows. Further downside is expected and we prefer to set...
Crowdstrike has had a good run up, about 800%, since covid19 low back in March 2020. Price is still contained within the long term up trendline, which means the uptrend is still intact.
From the Weekly chart, it has completed the 12345 impulse wave, and is now at A retracement.
Daily chart, it's currently pulling back to 4th wave and preparing for 5th wave...
CRWD has broke above MA 21 and is challenging MA 50. Meanwhile, MA21 is going to cross over MA 50 if this momentum could hold for one or two days. A failure to break the neckline of the doulbe top pattern could indicate that price could jump higher !
